China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

Baltic Index Reaches One-Week High on Higher Capesize Rates

Baltic Index Reaches One-Week High on Higher Capesize Rates

NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

Subscribe for Maritime Logistics Professional E‑News

BMW chairman: 'We are on the right track' as profit warnings hit shares
Trump unveils Qatari Boeing 747 before joining Air Force One
Multiple injuries reported after two trains collided north of London